Answer:
Cost function C(x) == FC + VC*Q
Revenue function R(x) = Px * Q
Profit function P(x) =(Px * Q)-(FC + VC*Q)
P(12000) = -38000 Loss
P(23000) = 28000 profit
Step-by-step explanation:
Total Cost is Fixed cost plus Variable cost multiplied by the produce quantity.
(a)Cost function
C(x) = FC + vc*Q
Where
FC=Fixed cost
VC=Variable cost
Q=produce quantity
(b)
Revenue function
R(x) = Px * Q
Where
Px= Sales Price
Q=produce quantity
(c) Profit function
Profit = Revenue- Total cost
P(x) =(Px * Q)-(FC + vc*Q)
(d) We have to replace in the profit function
<u>at 12,000 units </u>
P(12000) =($20 * 12,000)-($110,000 + $14*12,000)
P(12000) = -38000
<u>at 23,000 units </u>
P(x) =($20 * 23,000)-($110,000 + $14*23,000)
P(23000) = 28000
Total number of possible outcomes = 36
Total number of outcomes with a sum of 12 = 1
{6,6)
Total number of outcomes with a sum of 3 = 2
{1,2}{2,1}
P(12 first, then 3) = (1/36)(2/36) = 1/648
Answer: The probability is 1/648
X = y + 5
-y + x - x = y - y + x + 5
-y = x + 5
y = x - 5
Answer:
y = 65x
Step-by-step explanation:
